U.S. Treasury Report Warns of Illicit Finance Risks Associated With DeFi

Apr 6, 2023

In its first analysis of illicit finance risks associated with decentralized finance published Thursday, the U.S. Treasury Department said thieves, scammers, ransomware cyber criminals and actors for North Korea are using DeFi to launder proceeds from crime.

Up Next

02:04

Binance Claps Back at SEC Lawsuit; FTX's Sam Bankman-Fried Will Remain in Jail

Sep 22, 2023

02:07

Mt. Gox Pushes Repayment Deadline; PayPal's Stablecoin Now Available to Venmo Users

Sep 21, 2023

02:40

Sam Bankman-Fried’s Dad Has Alleged Dispute Over $200K FTX Salary; Crypto Markets Await Key Fed Decision

Sep 20, 2023

02:21

Sam Bankman-Fried's Lawyers Push for FTX Founder's Jail Release Again; Crypto Coin Listing Crack Down

Sep 19, 2023

02:35

NFL Quarterback, Two YouTube Influencers Settle FTX Case; Sen. Warren's Crypto Bill Gets New Support

Sep 18, 2023

View all

Learn more about Consensus 2024, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to coindesk.consensus.com to register and buy your pass now.